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innovation DAILY

Here we highlight selected innovation related articles from around the world on a daily basis.  These articles related to innovation and funding for innovative companies, and best practices for innovation based economic development.

John Rampton

Running your own business is the American dream. Add “work from home” to the mix and it sounds like paradise, right? There are certainly plenty of upsides to running a successful (emphasis on “successful”) business from home. However, many entrepreneurs find themselves lost, overwhelmed and overworked.

 

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steps

Starting up cannot be a flash in the pan. There are many impediments in the way of an entrepreneur from converting his idea into a successful business. Capital, market research, finding a niche, and identifying a team are some of them. Here are 10 steps that can help an entrepreneur bootstrap a startup and provide structure to the process.

 

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start

Despite all the startup accelerators and education programs out there, it’s hard to name any in the suburbs that target an older, more experienced demographic. That could be about to change.

TechSandBox, a year-old co-working space in Hopkinton, MA, is making plans to start an accelerator program that would admit about eight companies and provide funding and mentorship for three to four months. Barbara Finer, who leads the nonprofit organization, says it’s still early in the development process.

 

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George Leikauf of the University of Pittsburgh is trying to help sequence a mouse genome through crowdfunding.
REID FRAZIER ALLEGHENY FRONT

Federal spending on scientific research hasn’t kept up with inflation in recent years, and it’s made it harder for researchers to fund their work. Some of them are turning to another source: crowdfunding. But this funding source raises new questions for scientists.  

Susan Nagel, a researcher at the University of Missouri, studies the health impacts of chemicals used in fracking. Last year, she found remnants of these chemicals in Colorado streams near where fracking spills had occurred. 

Image: George Leikauf of the University of Pittsburgh is trying to help sequence a mouse genome through crowdfunding. REID FRAZIER ALLEGHENY FRONT

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NewImage

If you’re a swimming fan and you’re not taking advantage of the growth of the sport, then you’re just treading water.

The coaching and lessons market within the United States is huge, and it’s growing year over year. Currently, there are over 400,000 USA registered swimmers, and tens of millions of swimmers taking lessons every year. Why not use this growth and combine it with your entrepreneurial spirit? That’s exactly what SwimLabs is doing.

Image: http://swimswam.com

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puzzle pieces

More corporations are teaming with startups to boost their own research and development. This in turn can help the new businesses prove and grow their concepts. Here’s what leaders of Chicago and Illinois organizations told us in earlier interviews about the benefits of their incubator programs.

 

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NewImage

Setting limits for yourself, whether that involves the money you have to start a business, or the number of words you can use in a book, often delivers better results than keeping your options open.

In 1960, two men made a bet. The first man, Bennett Cerf, was the founder of the publishing company Random House. The second was Theo Geisel. Cerf bet Geisel $50 that Geisel couldn’t write a children’s book using only 50 words.

Image: http://www.business-opportunities.biz

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retire

Across the globe, there is a tsunami of Baby Boomer retirements. This is good news for them and for the younger colleagues who will take their place. But what does this mean in terms of losing business-critical, experience-based knowledge — what we call deep smarts? One organization reported that the next anticipated wave of almost 700 retirements would mean the loss of over 27,000 years of experience. If that know-how and those skills (or better ones) can be hired on the open market — no problem. Or if the succession planning has been meticulous and a highly qualified successor can step right into the vacancy — terrific.

 

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security

Each passing day brings with it news of a brand new leak of personal information over the Internet. Be it credit card information belonging to millions of users or their email IDs and passwords, personal nude pictures of celebrities or even top secret classified government data — the world of hackers has democratized the internet and its lack of security at every possible level.

 

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Travis Bradberry

The next time you tell yourself that you'll sleep when you're dead, realize that you're making a decision that can make that day come much sooner. Pushing late into the night is a health and productivity killer.

According to the Division of Sleep Medicine at the Harvard Medical School, the short-term productivity gains from skipping sleep to work are quickly washed away by the detrimental effects of sleep deprivation on your mood, ability to focus, and access to higher-level brain functions for days to come. The negative effects of sleep deprivation are so great that people who are drunk outperform those lacking sleep.

 

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